Myrtle Bank · Suburb / Locality

Housing & Dwellings in Myrtle Bank

Where and how people live — the homes, how they are held, and what they cost.

Typical weekly rents of just $150 make Myrtle Bank one of the most affordable places to live in the region. This area stands out for its very low housing costs compared to both the state and the national figures.

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📍 Myrtle Bank, Suburb / Locality

Where Myrtle Bank sits — Median rent (weekly)

$150 —
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Myrtle Bank — lower than 86% of areas.

Median rent (weekly) compared with the state and national average
Myrtle Bank$150
7259, TAS $225
Tasmania $290
Australia $375

Housing costs

Rents, mortgages and crowding.

Monthly home-loan payments are far below the Tasmanian average, with a typical payment of $770. This affordability extends to renters, who pay $150 a week, which is far below the national figure of $375.

$770 —

Lower than 92% of suburb / locality areas.

  • 2016: $1,083
  • 2021: $770

Median monthly mortgage repayment for households with a mortgage.

Owning & renting

How homes are owned or rented.

The most common how homes are owned or rented is Owned outright at 44%, ahead of Owned with a mortgage (31%).

How homes are owned or rented

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In Myrtle Bank, Owned outright is the majority at 58%; Owned with a mortgage is next at 42%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Homes here tend to be less crowded than in most other areas, with 0.70 people per bedroom, a little below the typical Australian figure.

0.70 —

Lower than 86% of suburb / locality areas.

  • 2016: 0.50
  • 2021: 0.70

Average number of usual residents per bedroom — a crowding measure.

Types of homes

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In Myrtle Bank, Separate house is the majority at 100%.

Bedrooms per home

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In Myrtle Bank, the largest group is 3 bedrooms at 47%, followed by 4 bedrooms (27%) and 5 or more (27%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Myrtle Bank

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Myrtle Bank [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL60441/myrtle-bank/topic/housing-dwellings